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VAT Overhaul Raises Revenue Goals While Squeezing Consumers

Sri Lanka’s latest VAT reform proposal is being framed as a necessary step toward fiscal stability, but beneath the policy objectives lies a growing...

Insolvency Reform Promises Investment Surge but Risks Persist

Sri Lanka’s proposed insolvency and restructuring law is being positioned as a turning point for unlocking distressed assets and reviving stalled investments. Yet, as...

Look East Strategy Gains Urgency amid Global Uncertainty

As geopolitical tensions reshape global trade flows, Sri Lanka is being encouraged to pivot decisively դեպի Asia, capitalising on emerging opportunities while risks mount...

No VAT Hike to 20.5%, Says Deputy Minister; Move Aims to Simplify Tax System

Economic Development Deputy Minister Nishantha Jayaweera has clarified that the planned Value Added Tax (VAT) revision from July 1, 2026 is intended to simplify...

Questions Raised Over Finance Ministry Secretary’s Citizenship Status

The “Dinana Dakuna” organization has submitted a letter raising concerns over the citizenship status of Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance. In...

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